#Trump Meme Coin Trading Booms#
Hot Topic Overview
Overview
Trump's official Solana meme coin, TRUMP, has sparked a massive market frenzy since its launch, with its on-chain trading volume exceeding $7 billion in 24 hours, surpassing the combined trading volume of Ethereum and all its L2s. Fueled by TRUMP, Solana-based DEX Meteora's TVL surpassed $1 billion for the first time, seeing a 130% growth in 24 hours, with its swap trading volume also reaching an all-time high of $8 billion. Both TRUMP's trading volume and Meteora's TVL growth demonstrate the enormous market interest in Trump meme coins, reflecting the vibrancy of the Solana ecosystem.
Ace Hot Topic Analysis
Analysis
TRUMP, Donald Trump's official Solana meme coin, has sparked a massive market frenzy since its launch, with its on-chain trading volume exceeding $7 billion in 24 hours, surpassing the total transaction volume of Ethereum and all its L2s. TRUMP's popularity has also driven the development of Solana-based DEX Meteora, which saw its TVL exceed $1 billion for the first time, a 130% increase in 24 hours, and its exchange volume reached an all-time high of $8 billion. The volatile trading price of TRUMP has resulted in a high failure rate for Raydium's V3 pools in withdrawing V3 pools, while Meteora's DLMM pools have shown greater stability and success rates. Its capabilities of zero slippage, dynamic LP fees, and flexible liquidity strategies have also attracted user attention. TRUMP's popularity has also sparked interest in DeFi, as users seek more convenient ways to trade and invest, while DLMM provides a more flexible and efficient trading experience.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Trump Meme coin TRUMP trading volume is booming, exceeding $7 billion in 24 hours, surpassing the total trading volume of Ethereum and all its L2s.
The launch of TRUMP has driven Meteora DEX's TVL to surpass $1 billion for the first time, with 24-hour Swap trading volume hitting a record high.
Meteora's DLMM pools offer zero slippage, dynamic LP fees, and flexible liquidity strategies, meeting the needs of DeFi users for fast transactions and high returns.
The volatile trading price of TRUMP has led to a high failure rate for Raydium's V3 pool creation, while Meteora's DLMM pools have shown higher stability and success rates.